Capital Power Corporation (CPX) - Net Assets
Based on the latest financial reports, Capital Power Corporation (CPX) has net assets worth CA$4.80 Billion CAD (≈ $3.47 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$15.62 Billion ≈ $11.30 Billion USD) and total liabilities (CA$10.83 Billion ≈ $7.83 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore CPX total asset value for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$4.80 Billion |
| % of Total Assets | 30.71% |
| Annual Growth Rate | 6.86% |
| 5-Year Change | 69.6% |
| 10-Year Change | 67.15% |
| Growth Volatility | 43.07 |
Capital Power Corporation - Net Assets Trend (2007–2025)
This chart illustrates how Capital Power Corporation's net assets have evolved over time, based on quarterly financial data. Check CPX tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Capital Power Corporation (2007–2025)
The table below shows the annual net assets of Capital Power Corporation from 2007 to 2025. For live valuation and market cap data, see CPX market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$4.85 Billion ≈ $3.51 Billion |
+6.08% |
| 2024-12-31 | CA$4.57 Billion ≈ $3.31 Billion |
+43.47% |
| 2023-12-31 | CA$3.19 Billion ≈ $2.30 Billion |
+29.51% |
| 2022-12-31 | CA$2.46 Billion ≈ $1.78 Billion |
-13.96% |
| 2021-12-31 | CA$2.86 Billion ≈ $2.07 Billion |
-2.39% |
| 2020-12-31 | CA$2.93 Billion ≈ $2.12 Billion |
-5.55% |
| 2019-12-31 | CA$3.10 Billion ≈ $2.24 Billion |
-0.58% |
| 2018-12-31 | CA$3.12 Billion ≈ $2.26 Billion |
+1.86% |
| 2017-12-31 | CA$3.06 Billion ≈ $2.22 Billion |
+5.55% |
| 2016-12-31 | CA$2.90 Billion ≈ $2.10 Billion |
+3.02% |
| 2015-12-31 | CA$2.82 Billion ≈ $2.04 Billion |
-6.23% |
| 2014-12-31 | CA$3.00 Billion ≈ $2.17 Billion |
-0.03% |
| 2013-12-31 | CA$3.00 Billion ≈ $2.17 Billion |
+9.16% |
| 2012-12-31 | CA$2.75 Billion ≈ $1.99 Billion |
+6.05% |
| 2011-12-31 | CA$2.60 Billion ≈ $1.88 Billion |
+0.66% |
| 2010-12-31 | CA$2.58 Billion ≈ $1.86 Billion |
+0.98% |
| 2009-12-31 | CA$2.55 Billion ≈ $1.85 Billion |
+177.20% |
| 2008-12-31 | CA$921.00 Million ≈ $666.24 Million |
-37.30% |
| 2007-12-31 | CA$1.47 Billion ≈ $1.06 Billion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Capital Power Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 356.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$4.58 Billion | 94.36% |
| Other Comprehensive Income | CA$170.00 Million | 3.50% |
| Other Components | CA$453.00 Million | 9.33% |
| Total Equity | CA$4.86 Billion | 100.00% |
Capital Power Corporation Competitors by Market Cap
The table below lists competitors of Capital Power Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Spic Yuanda Environmental Protection Co Ltd
SHG:600292
|
$8.13 Billion |
|
AGCO Corporation
NYSE:AGCO
|
$8.13 Billion |
|
Commerce Bancshares Inc
NASDAQ:CBSH
|
$8.14 Billion |
|
China Molybdenum Co. Ltd
F:D7N
|
$8.16 Billion |
|
NEW ORIENT.EDU.+TE.ADR/10
F:N1UA
|
$8.11 Billion |
|
Compania de Minas Buenaventura SAA ADR
NYSE:BVN
|
$8.11 Billion |
|
Shoprite Holdings Ltd
JSE:SHP
|
$8.11 Billion |
|
HAIDILAO INT.HLDG LTD
F:8HI
|
$8.11 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Capital Power Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,576,000,000 to 4,857,000,000, a change of 281,000,000 (6.1%).
- Net income of 160,000,000 contributed positively to equity growth.
- Dividend payments of 338,000,000 reduced retained earnings.
- Share repurchases of 649,000,000 reduced equity.
- New share issuances of 667,000,000 increased equity.
- Other comprehensive income decreased equity by 179,000,000.
- Other factors increased equity by 620,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$160.00 Million | +3.29% |
| Dividends Paid | CA$338.00 Million | -6.96% |
| Share Repurchases | CA$649.00 Million | -13.36% |
| Share Issuances | CA$667.00 Million | +13.73% |
| Other Comprehensive Income | CA$-179.00 Million | -3.69% |
| Other Changes | CA$620.00 Million | +12.77% |
| Total Change | CA$- | 6.14% |
Book Value vs Market Value Analysis
This analysis compares Capital Power Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.23x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CA$33.52 | CA$71.77 | x |
| 2008-12-31 | CA$17.52 | CA$71.77 | x |
| 2009-12-31 | CA$6.24 | CA$71.77 | x |
| 2010-12-31 | CA$10.51 | CA$71.77 | x |
| 2011-12-31 | CA$16.83 | CA$71.77 | x |
| 2012-12-31 | CA$28.78 | CA$71.77 | x |
| 2013-12-31 | CA$24.45 | CA$71.77 | x |
| 2014-12-31 | CA$29.69 | CA$71.77 | x |
| 2015-12-31 | CA$28.51 | CA$71.77 | x |
| 2016-12-31 | CA$29.53 | CA$71.77 | x |
| 2017-12-31 | CA$29.82 | CA$71.77 | x |
| 2018-12-31 | CA$29.77 | CA$71.77 | x |
| 2019-12-31 | CA$29.18 | CA$71.77 | x |
| 2020-12-31 | CA$27.40 | CA$71.77 | x |
| 2021-12-31 | CA$25.18 | CA$71.77 | x |
| 2022-12-31 | CA$20.93 | CA$71.77 | x |
| 2023-12-31 | CA$27.16 | CA$71.77 | x |
| 2024-12-31 | CA$35.41 | CA$71.77 | x |
| 2025-12-31 | CA$32.21 | CA$71.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Capital Power Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.82%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 3.18x
- Recent ROE (3.29%) is below the historical average (6.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 19.73% | 4.54% | 0.64x | 6.75x | CA$70.93 Million |
| 2008 | 1.12% | 0.15% | 0.57x | 13.13x | CA$-33.83 Million |
| 2009 | 4.29% | 2.08% | 0.20x | 10.30x | CA$-27.90 Million |
| 2010 | 2.06% | 0.98% | 0.33x | 6.33x | CA$-65.40 Million |
| 2011 | 5.06% | 4.20% | 0.39x | 3.11x | CA$-75.30 Million |
| 2012 | 3.22% | 4.99% | 0.24x | 2.67x | CA$-130.30 Million |
| 2013 | 7.24% | 14.66% | 0.23x | 2.16x | CA$-66.70 Million |
| 2014 | 1.88% | 5.26% | 0.16x | 2.21x | CA$-199.10 Million |
| 2015 | 3.28% | 9.18% | 0.18x | 1.96x | CA$-184.80 Million |
| 2016 | 3.90% | 14.14% | 0.13x | 2.13x | CA$-173.30 Million |
| 2017 | 4.78% | 14.69% | 0.14x | 2.29x | CA$-157.40 Million |
| 2018 | 8.62% | 19.46% | 0.18x | 2.49x | CA$-42.60 Million |
| 2019 | 4.08% | 6.61% | 0.22x | 2.82x | CA$-181.40 Million |
| 2020 | 4.69% | 7.16% | 0.21x | 3.07x | CA$-154.00 Million |
| 2021 | 3.45% | 3.46% | 0.31x | 3.19x | CA$-186.10 Million |
| 2022 | 5.62% | 3.07% | 0.44x | 4.13x | CA$-107.40 Million |
| 2023 | 23.32% | 18.59% | 0.36x | 3.50x | CA$425.00 Million |
| 2024 | 15.28% | 23.69% | 0.23x | 2.83x | CA$241.40 Million |
| 2025 | 3.29% | 4.82% | 0.22x | 3.18x | CA$-325.70 Million |
Industry Comparison
This section compares Capital Power Corporation's net assets metrics with peer companies in the Utilities - Independent Power Producers industry.
Industry Context
- Industry: Utilities - Independent Power Producers
- Average net assets among peers: $1,152,079,597
- Average return on equity (ROE) among peers: -30.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Capital Power Corporation (CPX) | CA$4.80 Billion | 19.73% | 2.26x | $8.12 Billion |
| Digi Power X Inc. (DGX) | $47.17 Million | 9.18% | 0.11x | $179.06 Million |
| Maxim Power Corp. (MXG) | $2.06 Million | -104.66% | 0.17x | $197.80 Million |
| TransAlta Corp (TA) | $3.41 Billion | 5.31% | 1.87x | $4.16 Billion |
About Capital Power Corporation
Capital Power Corporation develops, acquires, owns, and operates utility-scale renewable and flexible generation facilities in Canada and the United States. The company generates electricity from various energy sources, including wind, waste heat, solar, landfill gas, gas, and battery storage. It also manages its related electricity and natural gas portfolios by undertaking trading and marketing … Read more